SBI increases thrust on mobile banking in Lucknow

LUCKNOW: The State Bank of India has increased its thrust on mobile banking to meet immediate customer needs like funds transfer, balance enquiry, payment of utility bills etc. The Chief General Manager, SBI-Lucknow circle, BV Chaubal said that the bank is aggressively pushing mobile banking in non-rural areas to meet the changing needs and preferences of the customer.

He said that the Lucknow Circle alone has achieved a deposit of Rs 47,075 crores and has a market share of 23% in deposits. The bank has achieved advances of Rs 12,024 crores which translates to 22% market share in advances of all banks put together.